3502 S Urbahn Ave, Laredo, TX, 78046
About This Home
22-Unit New Construction Multifamily Asset in Laredo, TX. Offered quietly to qualified investors, this contemporary apartment community is approximately two months from completion with May 2026 delivery. Spanning 19,826 SF, the asset features efficient 2 bed / 2 bath layouts designed for durability, low maintenance, and consistent rental demand. Priced at $3,300,000 with a projected 8.06% cap rate, this is a pre-stabilization acquisition positioned for value creation through lease-up and income growth. Laredo continues to expand beyond 260,000 residents and operates as the #1 inland port in the U.S., supporting strong employment and housing demand. Limited new supply and sustained economic momentum position this asset for appreciation and cap rate compression. Full OM and financials available upon request. Inquiries limited to serious, qualified investors only.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Apartment,Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Refrigerator,Stove/Range
- Laundry features: Laundry Area
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Ceiling Fan(s)
- Flooring: Tile
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central Air
Interior Area
- Total structure area: 19,826
- Total interior livable area: 19,826 sqft
Property
Details
- Parcel number: 263965
Features
- Exterior features: None
- Fencing: Privacy
Lot
- Lot size: 0.77 Acres
- Features: Corner Lot
Parking
- Total spaces: 22
- Parking features: Attached
- Covered spaces: 22
- Carport: Yes
- Carport spaces: 22
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,686 | $200,232 |
| Home Insurance * | $2,057 | $24,684 |
| Property Taxes | $4,345 | $52,140 |
| Electricity | $2,177 | $26,124 |
| Total | $25,265 | $303,180 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Listed for sale | $3,300,000 |
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